Invitation Homes Inc expected to post earnings of 17  cents a share - Earnings Preview

Invitation Homes

24/10/2023 01:26

* Invitation Homes Inc  INVH.N   INVH.K  is expected to show
a
rise in quarterly revenue when it reports  results on October
25. 
    * The Dallas Texas-based  company is expected to report  a
7.6% increase in revenue to $611.766 million from $568.68
million a year ago, according to the mean estimate from 11
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Invitation Homes
Inc is
for earnings of 17 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 10
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Invitation
Homes
Inc is $37​, above​ its last closing price of $30.60. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.45        0.45       0.44      Missed  -1.4
 Mar. 31 2023  0.44        0.44       0.44      Met     0.5
 Dec. 31 2022  0.42        0.42       0.43      Beat    3.3​
 Sep. 30 2022  0.43        0.43       0.42      Missed  -2
 ​​Jun.        0.41        0.41       0.42      Beat    2.9
 30 2022                                                
 Mar. 31 2022  0.41        0.40       0.40      Met     -0.8​
 Dec. 31 2021  0.40        0.39       0.39      Met     -0.8
 Sep. 30 2021  0.36        0.36       0.38      Beat    5.6
 This summary was machine generated October 24 at 00:26 GMT.  All
figures in US dollars  unless otherwise stated